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Ganezh [65]
3 years ago
14

Marginal benefit is a gain from an increase or loss from a decrease in the consumption of a good or service. Marginal benefit is

MOST related to what economic concept? Question 3 options: a) opportunity cost b) supply elasticity c) demand elasticity d) equilibrium price
Business
2 answers:
Andrews [41]3 years ago
8 0
A) opportunity Cost <<<

il63 [147K]3 years ago
8 0

Answer:A.

Explanation:

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Trent earned $28,500 last year. he paid $8,265 for rent. what percent of his earnings did trent pay for rent?
Andrews [41]
You can find the percentage by multiplying the ratio of the rent to the earnings by 100.
8265/28500 * 100 = 29 %
6 0
3 years ago
When there is allocative efficiency in a market, the buyers' maximum willingness to pay for the last unit traded is equal to the
VashaNatasha [74]

<em>That answer is A. True</em>

5 0
3 years ago
Read 2 more answers
Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 26,400 $ 22,400
BartSMP [9]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Beginning Raw materials $26,400

Ending Raw materials $22,400

Beginning Work in process $ 18,400

Ending Work in process $ 11,400

Beginning Finished Goods $ 49,400

Ending Finished Goods $ 57,400

Additional information:

Raw materials purchases $ 73,400

Direct labor cost $ 93,400

Manufacturing overhead cost incurred $ 43,540

Indirect materials included in manufacturing overhead cost incurred $ 4,140

Manufacturing overhead cost applied to Work in Process $ 42,400

A) Cost of goods manufactured:

Beginning Work in process $ 18,400

Beginning Raw materials $26,400

Raw materials purchases $ 73,400

Ending Raw materials $22,400 (-)

Direct labor cost $ 93,400  

Manufacturing overhead cost applied $ 42,400

Ending Work in process $ 11,400 (-)

Total= $220,200

B) Cost of goods sold:

Beginning Finished Goods $ 49,400

Cost of goods manufactured $220,200

Ending Finished Goods $ 57,400 (-)

Unadjusted COGS= $212,200

Underapplied MOH= 1140

Adjusted COGS= $213,340

6 0
3 years ago
Northwest Fur Co. started the year with $94,000 of merchandise inventory on hand. During the year, $400,000 in merchandise was p
zaharov [31]

Answer:

The answer is:

b. $112,550

Explanation:

Please find the below for detailed explanations and calculations:

- Beginning Inventory as given at: $94,000;

- Inventory purchased during the year = Net purchase during the year -Discount made on net purchase + Freight-in charges = (400,000 -5,000) - [ (400,000 -5,000) x 1%) + 7,500 = $398,550; ( as $5,000 purchase is returned on the initial purchase of $400,000 and 1% discount is only made on the net purchase of $395,000 ( $400,000 - $5,000) ).

- Cost of good sold during the year as given at: $380,000;

=> <u>Ending inventory = Beginning inventory + Inventory purchased during the year - Cost of good sold during the year = 94,000 + 398,550 - 380,000 = $112,550.</u>

4 0
3 years ago
PLEASEEEE HELPPPPP.!!!!What is the term applied to an integrated approach to managing a company's
pychu [463]

Answer:

the answer is B

Explanation:

I have did that before just trust me

4 0
2 years ago
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